In response to local opposition, the Ministry of Industry has explained the reasoning behind the government's plan to open up the state-owned Abu Kemash Chemicals Complex to local and foreign investment.

Sharjah’s Al Sharif Investment Group says it will form a joint venture with two Libyan government funds, the Libyan Social and Economic Development Fund (ESDF) and the Libyan Investment Portfolio (LIP), for an aluminium and glass production plant.

Egyptian and Libyan officials have agreed to establish a joint industrial zone in Libya, following a meeting between the Egyptian Minister of Trade and Industry, Mohamed Rachid, and the Libyan Minister of Economy, Industry and Trade, Mohamed Al Hweij.